Home / Knowledge / News / Apparel/Garments / Sport-Haley acquires all Assets of Fantasi
Sport-Haley acquires all Assets of Fantasi
Jun '10
Sport-Haley, Inc., a leading developer, manufacturer and distributor of distinctive golf and lifestyle apparel, announced the successful completion of the acquisition of all of the assets of Fantasi International, Inc., a Florida corporation, doing business as Bette & Court Golf. Among the assets conveyed to Sport Haley in the transaction, via an assignment for the benefit of creditors in a Florida state court proceeding, were the Bette & Court and Swing trademarks and other related marks and/or trade names. Bette & Court and Swing are established women's golf and active lifestyle apparel brands. The Company expects to continue marketing the Bette & Court and Swing brands independently from its SPORT HALEY women's fashion golf apparel brand. The Bill of Sale, which was signed on June 17, 2010, was effective June 4, 2010. Pursuant to a purchase agreement entered into between the parties, Sport Haley paid $410,000 for the assets of Fantasi and did not assume any of Fantasi's liabilities. The asset purchase transaction was unanimously approved by the Company's Board of Directors.

Samuel A. Kidston, the Company's Chairman of the Board, said, "The combination of our SPORT HALEY and Ben Hogan brands with the Bette & Court and Swing brands strategically positions the Company for significant future growth. Importantly, we believe this acquisition will prove to be a catalyst for greater visibility and profitability for investors, and it fits within the steps we are undertaking to restructure the Company."

Catherine B. Blair, the Company's President & Creative Director, commented, "Bette & Court and Swing are brands with a loyal following in women's golf apparel. We are very excited for the opportunity to be able to combine the strengths we have developed within golf apparel markets over the last several years with such well-recognized women's apparel brands. We believe that the synergies of jointly managing diverse women's brands while separately marketing them will grow sales and help return the Company to sustained profitability."

The Company also announced that the following five directors were re-elected at the annual meeting of shareholders to serve for the following year: Samuel A. Kidston, James R. TenBrook, Erik W. Thoresen, Lloyd M. Sems, and Mark J. Stevenson. The annual meeting of shareholders commenced on June 15, 2010, and was adjourned until and completed on June 18, 2010. In addition, the shareholders ratified the Company's appointment of Eide Bailly LLP to serve as its independent auditors for the 2010 fiscal year.

Organized in 1991, Sport-Haley, Inc. is a leading golf apparel company which designs, purchases, contracts for the manufacture of, and markets women's and men's fashion apparel and outerwear under the SPORT HALEY and Ben Hogan labels. The SPORT HALEY and Ben Hogan fashion golf apparel collections, known for their innovative designs, quality fabrics, generous fits and classic styles, are primarily marketed in the premium and mid-priced markets through a network of independent sales representatives to golf professional shops, country clubs and resorts within the United States. Ben Hogan fashion apparel is distributed pursuant to a licensing agreement with Callaway Golf Company.

Sport-Haley Inc

Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Nuno Venda

‘There has been an increase in demand for water based inks, rather than...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search